Qfin (NASDAQ:QFIN) Stock Rating Upgraded by Zacks Research

Key Points

• Zacks Research upgraded Qfin from “strong sell” to “hold.” Analyst sentiment remains cautious overall: MarketBeat reports an average “Reduce” rating and an average price target of $12.29.
• Qfin shares opened at $5.37, near their 52-week low of $5.10 and well below the 52-week high of $23.79. The company reported quarterly EPS of $0.55 on $524.96 million in revenue.
• A securities class action has been filed alleging Qfin misrepresented its resilience to changes in Chinese regulation; the claims are unproven. The article also reports recent insider share sales.

Qfin (NASDAQ:QFIN - Get Free Report) was upgraded by stock analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a report released on Monday, Zacks reports.

A number of other brokerages have also weighed in on QFIN. Deutsche Bank Aktiengesellschaft set a $13.00 target price on Qfin in a research report on Wednesday, August 12th. Bank of America restated a "neutral" rating on shares of Qfin in a research note on Thursday, September 10th. Morgan Stanley downgraded Qfin from an "overweight" rating to an "equal weight" rating and set a $13.00 price objective for the company. in a report on Wednesday, August 26th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Qfin in a research note on Friday, October 9th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a $15.40 price objective on shares of Qfin in a research note on Wednesday, August 26th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Qfin presently has an average rating of "Reduce" and an average target price of $12.29.

Qfin Stock Performance

Shares of NASDAQ:QFIN opened at $5.37 on Monday. The firm's 50 day simple moving average is $6.69 and its 200-day simple moving average is $12.10. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.17 and a current ratio of 2.17. Qfin has a one year low of $5.10 and a one year high of $23.79. The firm has a market cap of $653.80 million, a PE ratio of 1.29 and a beta of 0.60.

Qfin (NASDAQ:QFIN - Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.55 earnings per share (EPS) for the quarter. Qfin had a return on equity of 15.23% and a net margin of 22.23%. The firm had revenue of $524.96 million during the quarter. As a group, equities analysts predict that Qfin will post 2.43 EPS for the current year.

Insiders Place Their Bets

In other Qfin news, Director Andrew Yan sold 326,700 shares of the stock in a transaction on Friday, September 25th. The stock was sold at an average price of $7.36, for a total transaction of $2,404,512.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders sold a total of 657,550 shares of company stock worth $4,889,121 in the last ninety days. 17.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. FountainVest China Capital Partners GP3 Ltd. bought a new stake in Qfin during the second quarter valued at about $95,483,341. Bank of America Corp DE lifted its position in shares of Qfin by 48.5% during the first quarter. Bank of America Corp DE now owns 1,987,457 shares of the company's stock valued at $25,658,000 after buying an additional 649,492 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of Qfin by 128.0% during the second quarter. Wellington Management Group LLP now owns 1,034,463 shares of the company's stock valued at $16,355,000 after buying an additional 580,772 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Qfin in the 1st quarter valued at about $5,612,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Qfin in the 1st quarter valued at about $5,032,000. 74.81% of the stock is owned by institutional investors.

Qfin News Summary

Here are the key news stories impacting Qfin this week:

• Neutral Sentiment: Law firms are reminding investors who bought QFIN securities from March 18 through August 25, 2026, of lead-plaintiff deadlines on November 27 or November 30. These notices are solicitations for investors to participate in the case and do not represent a court finding. Article: Rosen Law Firm deadline notice
• Negative Sentiment: A securities class action has been filed against Qfin and certain executives. The complaint alleges the company misrepresented how well its business could withstand changes in Chinese (PRC) regulation; law-firm notices connect those alleged disclosures to a prior single-session share-price decline of about 19%. The allegations remain unproven, but the litigation and regulatory concerns may add pressure to the stock. Article: Class action filed against Qfin

Qfin Company Profile

Qifu Technology, Inc. NASDAQ: QFIN, formerly known as 360 DigiTech, operates a digital platform in China that connects consumers seeking credit with financial institutions. The company uses technology and data analysis to support credit assessment and loan matching. Its services include helping partner institutions acquire and assess borrowers, facilitating loan applications and providing support after loans are originated. Qifu also offers technology solutions to financial institutions to assist with their consumer lending operations.

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